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FRWD vs KONG

Nomura Transformational Technologies ETF vs Formidable Fortress ETF

FRWD

Nomura Transformational Technologies ETF

Annual cost

0.65%

Fund size

$223M

KONG

Formidable Fortress ETF

Annual cost

0.89%

Fund size

$22M

Key differences

FRWD is an equity ETF, while KONG is an alternative ETF. FRWD charges 0.65% a year and KONG 0.89%.

  • FRWD is an equity fund, while KONG is an alternative fund. They carry different risk/return profiles.
  • FRWD follows a active selection strategy; KONG uses option income.
  • FRWD costs 0.24% less per year.
  • FRWD is much larger than KONG. Larger funds are usually more liquid and less likely to close.
  • KONG has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FRWDKONG
Annual cost (TER)0.65%0.89%
Fund size (AUM)$223M$22M
Since20262021
Dividend yield0.36%
Asset classequityalternative
Region
Strategyactive selectionoption income
CAGR 1YN/A+6.3%
CAGR 3YN/A+9.8%
CAGR 5YN/AN/A
Sharpe 3YN/A0.53
Volatility 1Y10.91%
Max drawdown-18.49%-19.98%

Similar to FRWD and KONG